Price for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Bulgaria - 2024

Contents:

  1. Price for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Bulgaria (FOB) - 2024
  2. Price for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Bulgaria (CIF) - 2022
  3. Exports of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Bulgaria
  4. Imports of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Bulgaria

Price for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Bulgaria (FOB) - 2024

In April 2024, the average export price for glass mirrors; unframed, excluding rear-view mirrors for vehicleses amounted to $9.9 per square meter, remaining stable against the previous month. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2023 when the average export price increased by 7.1% against the previous month. Over the period under review, the average export prices reached the maximum at $11.0 per square meter in April 2023; however, from May 2023 to April 2024, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Albania ($11.4 per square meter), while the average price for exports to Israel ($7.0 per square meter) was amongst the lowest.

From April 2023 to April 2024, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (-0.1%), while the prices for the other major destinations experienced a decline.

Price for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Bulgaria (CIF) - 2022

The average import price for glass mirrors; unframed, excluding rear-view mirrors for vehicleses stood at $7.6 per square meter in 2022, which is down by -51.6% against the previous year. In general, the import price, however, recorded a significant increase. The pace of growth was the most pronounced in 2020 when the average import price increased by 360% against the previous year. Over the period under review, average import prices hit record highs at $16 per square meter in 2021, and then declined sharply in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($79 per square meter), while the price for Greece ($266 per thousand square meters) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+59.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Bulgaria

For the third consecutive year, Bulgaria recorded decline in overseas shipments of glass mirrors; unframed, excluding rear-view mirrors for vehicleses, which decreased by -11.6% to 1.9M square meters in 2022. In general, exports recorded a dramatic decline. Over the period under review, the exports of attained the peak figure at 21M square meters in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of glass mirrors; unframed, excluding rear-view mirrors for vehicleses expanded markedly to $20M in 2022. Overall, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +22.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +84.3% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 42% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Bulgaria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Romania1.72.42.53.223.5%
Ukraine2.31.11.82.86.8%
Serbia1.51.21.82.213.6%
Poland1.23.43.11.916.6%
Greece1.00.91.71.617.0%
Moldova0.10.10.51.0115.4%
Albania0.20.60.81.071.0%
SpainN/A0.10.40.7164.6%
KosovoN/A0.40.50.622.5%
North Macedonia0.50.40.60.66.3%
Hungary0.30.40.50.626.0%
MoroccoN/AN/A0.30.566.7%
Netherlands0.10.20.70.458.7%
Others1.71.72.92.513.7%
Total10.712.818.119.722.6%

Top Export Markets for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles from Bulgaria in 2022:

  1. Ukraine (314.5K square meters)
  2. Romania (267.7K square meters)
  3. Serbia (191.6K square meters)
  4. Poland (174.0K square meters)
  5. Greece (129.4K square meters)
  6. Moldova (92.4K square meters)
  7. Albania (90.1K square meters)
  8. Hungary (62.0K square meters)
  9. Spain (57.1K square meters)
  10. Kosovo (53.6K square meters)
  11. Morocco (52.3K square meters)
  12. Netherlands (48.3K square meters)
  13. North Macedonia (46.0K square meters)

Imports of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Bulgaria

In 2022, overseas purchases of glass mirrors; unframed, excluding rear-view mirrors for vehicleses were finally on the rise to reach 353K square meters for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a dramatic downturn. Imports peaked at 2.1M square meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of glass mirrors; unframed, excluding rear-view mirrors for vehicleses rose notably to $2.7M in 2022. The total import value increased at an average annual rate of +13.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 38% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China9031,0029781,20910.2%
Belgium39.28.5136340105.5%
Czech Republic283230292261-2.7%
Turkey280590353174-14.7%
Greece47.515319.380.519.2%
Poland82.813012075.2-3.2%
Others22145251955636.0%
Total1,8572,5662,4172,69613.2%

Top Suppliers of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles to Bulgaria in 2022:

  1. Greece (302.4K square meters)
  2. China (15.3K square meters)
  3. Belgium (10.8K square meters)
  4. Czech Republic (6.9K square meters)
  5. Turkey (6.3K square meters)
  6. Poland (1.0K square meters)

Source: IndexBox Market Intelligence Platform

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